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Paysafe Announces Partnership with Fintech Firm SweePay

Source: David

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Fazzaco learned that Paysafe, a multinational online payments company, has partnered with fintech company SweePay to provide Swiss residents with Paysafecash, a leading online cash solution, for bill settlement.

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Using Paysafecash to settle a bill is easy and secure for the consumer:

1. The customer downloads the Paysafecash app and scans the QR code on the bill to get the Paysafecash barcode.

2. Using the maps function, the customer finds the nearest of approximately 2,000 Paysafecash payment points where the barcode is scanned and payment is made.

3. SweePay processes the payment and settles the bill directly with the issuer.

Udo Müller, CEO of paysafecard, the team behind Paysafecash, said: "Our collaboration with SweePay offers a crucial service to people in Switzerland. Our strategy of enabling cash payments caters to customers who are cash reliant or simply prefer to use cash."

Rodolphe Texier, CEO SweePay, added: "The Swiss love having the freedom to choose their preferred payment method and we are proud to partner with Paysafe to offer them an additional payment solution for bills; especially since Paysafecash enables them to pay in cash, which is still the most popular way to pay here in Switzerland. We are looking forward to our continued collaboration with Paysafe."

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